Market Overview

Morning Market Gainers

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WaferGen Bio-systems, Inc. (NASDAQ: WGBS) shares jumped 27.59 percent to $1.06 following Sunday YouTube comments from Martin Shkrekli.

Oramed Pharmaceuticals, Inc. (NASDAQ: ORMP) shares surged 26.28 percent to $9.85 following announcement of up to $50 million licensing and investment agreements for oral insulin capsule in China.

Anavex Life Sciences Corp. (NASDAQ: AVXL) shares gained 16.25 percent to $6.97 following a release from the company that an independent researcher has described the company's ANAVEX 3-71 as potent cognitive enhancer in Alzheimer's disease models

Gilat Satellite Networks Ltd. (NASDAQ: GILT) shares jumped 15.72 percent to $4.03 after surging 6.10 percent on Friday.

iKang Healthcare Group Inc (ADR) (NASDAQ: KANG) shares gained 14.67 percent to $19.23 after the company reported the receipt of a competing non-binding go private bid at $44 per share or $22 per ADS in an all cash transaction.

One Horizon Group Inc (NASDAQ: OHGI) shares rose 10.48 percent to $1.16 after the company reported that it has received first U.S. patent for its mobile VoIP platform.

Gulf Resources, Inc. (NASDAQ: GURE) shares gained 10.29 percent to $1.93. Gulf Resources reported that its wholly owned subsidiary Shouguang City Haoyuan Chemical Company Limited will partner with the People's Government of Daying County in Sichuan Province for the exploration and development of natural gas and brine resources.

 

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